About Simsolid
Simsolid is an Industrial Goods & Manufacturing company based in Newport Beach (United States) founded in 2015, and was acquired by Altair in October 2018. Structural simulation software is offered for CAD assemblies without meshing. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and Computer-Aided Engineering. Its competitors include AnalySwift, SmartUQ and solidThinking; 1 of its 3 listed competitors has raised funding.
Company details
Simsolid corporation provides structural simulation software for designers. Simsolid directly works on large CAD assembly and complex geometry systems and doesnt use a mesh. The product features are: analyze on CAD geometry directly, performance tuned for large assemblies unlike FEA, automatic adaptive process for accuracy, direct CAD integration and supports analysis in the design workflow.
Apps and channels of Simsolid
its YouTube channel Altair has 17K subscribers and 30 videos.
Videos from Simsolid
The most watched videos on Simsolid's YouTube channel, Altair (17K subscribers). Click a video to play it here.
More on Altair.
Funding Insights of Simsolid
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Simsolid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2016 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Simsolid
Simsolid has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Altair and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
AI-powered data science platform enables model deployment and analytics insights. | 1985 | altair.com | Troy, United States |
Investor details for Simsolid
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Timeline of Simsolid
3 dated milestones of Simsolid across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Simsolid is founded.
- Funding First funding round.
- Exit Acquired by Altair.
Competitors of Simsolid
Simsolid has 3 listed competitors in our database, 1 of them funded. They include AnalySwift, SmartUQ and solidThinking.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| analyswift.com | 2011 | North Logan, United States | Developer of composite modeling software for structural analysis and virtual testing | |||
| smartuq.com | 2014 | Madison, United States | $6.3M | Uncertainty quantification for complex system simulations is provided. | ||
| solidthinking.com | 1991 | Troy, United States | 1,006 | Design and structural analysis software |
Detailed competitors of Simsolid
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Top companies in Manufacturing Tech Solutions
3 companies that operate in the same segment as Simsolid (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M |
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Related news about Simsolid
Complete news archive for Simsolid
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Frequently Asked Questions about Simsolid
Simsolid was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Simsolid is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Simsolid corporation provides structural simulation software for designers. Simsolid directly works on large CAD assembly and complex geometry systems and doesnt use a mesh. The product features are: analyze on CAD geometry directly, performance tuned for large assemblies unlike FEA, automatic adaptive process for accuracy, direct CAD integration and supports analysis in the design workflow.
Simsolid's top competitors include SmartUQ, solidThinking and AnalySwift.
Yes. Simsolid was acquired by Altair in October 2018.